{"data":{"id":"us-mo/mo.-rev.-stat.-443.713","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 443.713","heading":"Findings required for licensure.","body":"The director shall not issue a mortgage loan originator license unless the director makes, at a minimum, the following findings:\n(1) The applicant has never had a mortgage loan originator license revoked in any governmental jurisdiction; except that, a subsequent formal vacation of such revocation shall not be deemed a revocation;\n(2) The applicant has not been convicted of or pled guilty or nolo contendere to a felony in a domestic, foreign, or military court:\n(a) During the seven-year period preceding the date of the application for licensing and registration; or\n(b) At any time preceding such date of application, if such felony involved an act of fraud, dishonesty, or a breach of trust, or money laundering; and\n(c) Provided that any pardon of a conviction shall not be a conviction for purposes of this subdivision;\n(3) The applicant has demonstrated financial responsibility, character, and general fitness such as to command the confidence of the community and to warrant a determination that the mortgage loan originator shall operate honestly, fairly, and efficiently within the purposes of sections 443.701 to 443.893;\n(a) For purposes of this subdivision, an individual has shown that he or she is not financially responsible when he or she has shown a disregard in the management of his or her own financial condition. A determination that an individual has not shown financial responsibility may include, but not be limited to:\na. Current outstanding judgments, except judgments solely as a result of medical expenses;\nb. Current outstanding tax liens or other government liens and filings;\nc. Foreclosures within the past three years;\nd. A pattern of seriously delinquent accounts within the past three years;\n(4) The applicant has completed the prelicensing education requirement described in sections 443.701 to 443.893;\n(5) The applicant has passed a written test that meets the requirements described in sections 443.701 to 443.893;\n(6) The applicant or the applicant's employer has met the Missouri surety bond requirement under sections 443.701 to 443.893.","path":["Title XXIX - OWNERSHIP AND CONVEYANCE OF PROPERTY","Chapter 443 - Mortgages, Deeds of Trust and Mortgage Brokers"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=443.713","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"17fe1f7f949272d116bcb63e1dadf7faa4f97782e54adfbff4baa737ae49487a","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-443.711","next":"us-mo/mo.-rev.-stat.-443.717"},"notice":"GroundRules: Original legal text. Not legal advice."}